AI-based ATM to fight fraud in Japan

Hitachi-Omron Terminal Solutions has developed Japan’s first AI-based ATM, designed to assist with tackling fraud.

TASS reports with a reference to Kyodo agency that the new ATM is equipped with several cameras, which both make the recordings and analyze the physical appearance and behavior of the users.

For instance, if the client starts talking on the phone during the operation, the ATM will automatically suspend the transaction and display the corresponding notification on the screen.

The same goes for the cases the ATM is approached by people wearing sunglasses, masks or other items that disguise their facial features. These people will be offered to take off the mentioned accessories and denied any action for withdrawal or transaction of funds if they refuse to remove them.

The machine is also capable of self-learning and making decisions based on the precedents it puts together.

The company plans to improve the technology and launch commercial production of these ATMs in 2019.

Despite the active police work and efforts by the government, Japan still has a high rate of fraud and extortion-related crimes. Just in the first half of 2018, the financial loss caused by fraud made JPY 1 billion (USD 9.5 million).